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APM Terminals boosts investment in Gothenburg

APM Terminals has signed an addendum to the concession with the Port of Gothenburg, which means that the Maersk Group port unit will invest another SEK 250 million in the port ahead of 2024. The investment happens alongside a gridlocked labor conflict in the terminal.

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Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

Wärtsilä's Chinese venture pays off

Finland's Wärtsilä is betting on the Chinese market and has now won a contract to supply 16 engines to four new LNG vessels, states the company, adding that this order confirms growth in the country.

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